Harry Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Richard L. Cassin Editor at Large

Elizabeth K. Spahn Editor Emeritus 

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor

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Global Contagion Report: SLS Group

Country: South Korea

Company Involved: SLS Group

Industry: Industrials

Industry Subsector: Marine Transportation

Official Involved: Shin Jae-min, former vice culture minister

Enforcement Action: Judgment

Summary: The Supreme Court sentenced Shin Jae-min to three and a half years for receiving about 117 million won ($103,700) worth of kickbacks from chairman of SLS Group Lee Kuk-chul. Prosecutors said Shin assisted SLS in avoiding a debt workout program between 2008 and 2009. The top court also upheld fines levied against Shin by a lower court.

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